127 Talinga DrivePark Ridge QLD 4125
Property Details for 127 Talinga Dr, Park Ridge
127 Talinga Dr, Park Ridge is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 12340m2. While the property is not currently for sale or for rent, it was last sold in March 2009.
Last Listing description (December 2023)
Premier Residential Development Opportunity at 119 & 127 Talinga Drive, Park Ridge
Uncover a unique and expansive opportunity with the combined properties located at 119 and 127 Talinga Drive, Park Ridge. Spanning a total of 2.23 hectares, this joint offering presents a golden chance for developers and investors to play a significant role in the residential transformation of one of Queensland's fastest-evolving suburbs.
Key Attributes:
- Ideal Location: Situated within the 'Emerging Community' zone of Park Ridge, these sites are positioned perfectly for developments that capitalise on the suburb's ongoing expansion and growth prospects.
- Ready for Action: Free from flood assessment and vegetation management restrictions, the properties are primed for immediate development, ensuring a swift kickstart to your project.
- Utilisable Terrain: With level ground across both sites, every inch of this substantial plot is available for your residential development plans.
Development Opportunities:
- Residential Subdivisions: These sites are perfectly suited for creating a new residential community, with the potential for a variety of subdivision layouts including standalone houses or clusters of homes.
- Townhouse Projects: The properties offer immense potential for townhouse developments, catering to a growing demand for medium-density residential options in the area.
Infrastructure & Accessibility:
- Essential Services Access: Both sites have easy access to critical utilities like sewerage and town water, simplifying the development process.
- Superior Connectivity: Surrounded by a mix of developed and developing areas, these properties ensure easy access to existing roads, public transport, and community amenities, enhancing the appeal of residential developments.
Investment Appeal:
- High-Demand Area: With Park Ridge experiencing a surge in demand for residential spaces, these sites represent a strategic opportunity in a community-focused and rapidly developing suburb.
- Development Flexibility: The zoning and absence of restrictive overlays across both properties offer a versatile platform for either residential subdivisions or innovative townhouse developments.
This joint property offering at 119 and 127 Talinga Drive is not merely a piece of land; it's a foundation for a landmark residential project in a community poised for significant growth. Seize this chance to contribute to the vibrant future of Park Ridge.
Asking Price: Expressions of Interest (EOI) are invited for this exclusive development opportunity.
Property History for 127 Talinga Dr, Park Ridge, QLD 4125
- 13 Dec 2023Listed for Sale EOI
- 28 May 2018Listed for Rent $600 / week
- 01 Feb 2017Listed for Rent - Price not available
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About Park Ridge 4125
The size of Park Ridge is approximately 16.8 square kilometres. It has 10 parks covering nearly 0.8% of total area. The population of Park Ridge in 2016 was 2503 people. By 2021 the population was 8455 showing a population growth of 237.8% in the area during that time. The predominant age group in Park Ridge is 20-29 years. Households in Park Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Park Ridge work in a machinery operators and drivers occupation.In 2021, 46.00% of the homes in Park Ridge were owner-occupied compared with 74.50% in 2016.
Park Ridge has 6,727 properties. Over the last 5 years, Houses in Park Ridge have seen a 119.34% increase in median value, while Units have seen a 139.82% increase. As at 31 March 2026:
- The median value for Houses in Park Ridge is $978,111 while the median value for Units is $919,264.
- Houses have a median rent of $640 while Units have a median rent of $510.
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